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Hair and Beauty Salon Sample Business Plan

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Hair and Beauty Salon Sample Business Plan Hair and Beauty Salon Sample Business Plan CONFIDENTIAL This sample business plan has been made available to users of Bplans.com, published by Palo Alto Software. Our sample plans were developed by existing companies and new business start-ups as research instruments to determine market viability, or funding availability. Names, locations and numbers may have been changed, and substantial portions of text may have been omitted to preserve confidentiality and proprietary information. You are welcome to use this plan as a starting point to create your own, but you do not have permission to reproduce, resell, publish, distribute or even copy this plan as it exists here. Requests for reprints, academic use, and other dissemination of this sample plan should be emailed to the marketing department of Palo Alto Software at [email protected]. Copyright © Palo Alto Software, Inc., 2020 All rights reserved. Trend Setters Hair Studio Table of Contents Executive Summary ...................................................................................................................... 1 Introduction ..................................................................................................................................... 1 Chart: Highlights ........................................................................................................................ 2 Keys to Success............................................................................................................................... 2 Company Summary ...................................................................................................................... 3 Start-up Summary ........................................................................................................................... 3 Table: Start-up ............................................................................................................................ 3 Table: Start-up Funding ............................................................................................................. 4 Chart: Start-up ............................................................................................................................ 5 Products and Services ................................................................................................................... 2 Hair ............................................................................................................................................. 2 Nails ............................................................................................................................................ 2 Skin Care ..................................................................................................................................... 2 Strategy and Implementation Summary .................................................................................... 2 Competitive Edge............................................................................................................................ 2 Marketing Strategy.......................................................................................................................... 3 Sales Forecast.................................................................................................................................. 3 Table: Sales Forecast ................................................................................................................. 4 Chart: Sales Monthly .................................................................................................................. 4 Chart: Sales by Year ................................................................................................................... 5 Milestones ....................................................................................................................................... 6 Table: Milestones ........................................................................................................................ 6 Chart: Milestones........................................................................................................................ 7 Management Summary ................................................................................................................ 8 Personnel Plan ................................................................................................................................. 8 i CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author. Trend Setters Hair Studio Table: Personnel ......................................................................................................................... 8 Financial Plan ................................................................................................................................ 9 Important Assumptions ................................................................................................................... 9 Table: General Assumptions ....................................................................................................... 9 Projected Cash Flow ..................................................................................................................... 10 Chart: Cash ............................................................................................................................... 10 Table: Cash Flow ...................................................................................................................... 11 Break-even Analysis ..................................................................................................................... 12 Chart: Break-even Analysis ...................................................................................................... 12 Table: Break-even Analysis ...................................................................................................... 12 Projected Profit and Loss .............................................................................................................. 13 Chart: Gross Margin Monthly .................................................................................................. 13 Chart: Gross Margin Yearly ..................................................................................................... 14 Table: Profit and Loss .............................................................................................................. 15 Chart: Profit Monthly ............................................................................................................... 16 Chart: Profit Yearly .................................................................................................................. 16 Balance Sheet ................................................................................................................................ 17 Table: Balance Sheet ................................................................................................................ 17 Business Ratios ............................................................................................................................. 18 Table: Ratios ............................................................................................................................. 18 Appendix ......................................................................................................................................... i Sales Forecast (With Monthly Detail) ............................................................................................. i Personnel (With Monthly Details) .................................................................................................. ii Profit and Loss Statement (With Monthly Detail) ......................................................................... iii Cash Flow Statement (With Monthly Detail) ................................................................................ iv Balance Sheet (With Monthly Detail)............................................................................................. v ii CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author. Trend Setters Hair Studio Executive Summary Introduction Trend Setters is a full-service beauty salon dedicated to consistently providing high customer satisfaction by rendering excellent service, quality products, and furnishing an enjoyable atmosphere at an acceptable price/value relationship. We will also maintain a friendly, fair, and creative work environment, which respects diversity, ideas, and hard work. Our Mission: To supply services and products that enhance our clients' physical appearance and mental relaxation. Our Motto: "The Trend Begins Here!" The timing is right for starting this new venture. Patiently searching for six months for the perfect location, one was finally found. The demand from the owner's clients, as well as the ambitions of the owner to one day start her own salon, and the procurement of highly professional and qualified beauticians to support the salon, has made this business one of great potential. Curley Comb, co-owner
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